GFL Environmental Inc. (TSE:GFL) Senior Officer Sells C$424,232.38 in Stock

GFL Environmental Inc. (TSE:GFL) Senior Officer Mindy Beth Gilbert sold 7,733 shares of GFL Environmental stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of C$54.86, for a total value of C$424,232.38.

GFL Environmental Trading Down 1.1 %

TSE:GFL opened at C$54.69 on Friday. The stock’s 50 day moving average price is C$54.92 and its 200 day moving average price is C$49.94. GFL Environmental Inc. has a 52 week low of C$36.56 and a 52 week high of C$59.00. The company has a market capitalization of C$19.95 billion, a P/E ratio of -26.68, a P/E/G ratio of -0.76 and a beta of 1.06. The company has a debt-to-equity ratio of 145.69, a quick ratio of 0.57 and a current ratio of 0.89.

GFL Environmental (TSE:GFL) last released its quarterly earnings results on Wednesday, July 31st. The company reported C$0.29 EPS for the quarter, beating analysts’ consensus estimates of C$0.28 by C$0.01. GFL Environmental had a negative net margin of 8.83% and a negative return on equity of 9.83%. The company had revenue of C$2.06 billion for the quarter, compared to analyst estimates of C$2.06 billion. On average, research analysts forecast that GFL Environmental Inc. will post 1.6421021 EPS for the current fiscal year.

GFL Environmental Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Investors of record on Monday, July 15th were paid a dividend of $0.019 per share. This represents a $0.08 annualized dividend and a yield of 0.14%. The ex-dividend date of this dividend was Monday, July 15th. GFL Environmental’s payout ratio is currently -3.90%.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets downgraded shares of GFL Environmental from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 9th.

GFL Environmental Company Profile

GFL Environmental Inc offers non-hazardous solid waste management and environmental services in Canada and the United States. It offers solid waste management, liquid waste management, and soil remediation services, including collection, transportation, transfer, recycling, and disposal services for municipal, residential, and commercial, and industrial customers.